-- Connecting the dots between our economy, government and business --
Summary and audio linked here.
Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Full interview and summary linked here.
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““Left-wing zealots have often been prepared to ride roughshod over due process and basic considerations of fairness when they think they can get away with it. For them the ends always seems to justify the means. That is precisely how their predecessors came to create the gulag…”
— Margaret Thatcher
The uneducated and violent barbarian tribes took over formerly Roman territories and set them into the dark ages for 1,000 years. They tore down beautiful public works and reused the bricks. The crumbling aqueducts were never repaired and they drank river water instead. The destroyed and defaced the public statutes of the former statesmen for being of an earlier time. They renamed most of the streets, towns, roads, rivers and natural landmarks to suit their own tastes. It took centuries before the barbarians returned to any level of civilization of the romans; and during the early renaissance, they looked back… Read more »
Biden was correct about one thing- dark days ahead, brought on by his voters.
lots of things make me upset can I take them down? I cannot wait to read the history book they write. MLK made lots of anti Jewish remarks, his dad made comments about Catholics and the dear Reverend Jackson did not like Hymnie town so I guess they are canceled
MLK has faults as did racis Jesse Jackson who bragged about spitting in white peoples food. Both racists. But they are allowed because of skin color in the new world controlled by the domestic terrorist organization blm with its support from senile joe and his blm chosen lying vp.
This is basically the Taliban headed by Lori, Sophia King and the ctu controlled Grant Park advisory council. They are all supporters and loyalists to the domestic terrorist blm and Antifa Marxist organization. The Chicago political leadership is largely Marxist.